All Forum Posts by: Maxwell Murphy

Thanks for replying Heath. 

I think that the numbers look like this:

with three of the places rented out I would still need to pay about $600 a month.

With all four places rented out the cash flow would be roughly $300 monthly. 

What is interesting to me about this property is that it is located very close to a college, and that makes me wonder if the value could increase significantly. 

I am trying to find my first deal. But I am really having a hard time. I live in Portland Oregon and I cant make any of the numbers work out. 

I recently found a quadplex in a small college town in Washington for $500,000. But my problem is that I only have $20,000 for a down payment so the cash flow would be zero (with a house hack). 

I feel stuck. I could use some advice or thoughts, even if the advice is to move onto a new deal. 

Thanks.